Lukoil
Lukoil, officially known as Lukoil Oil Company, is a prominent player in the global energy sector, headquartered in Russia. Founded in 1991, the company has rapidly evolved into one of the largest oil and gas producers in the world, with significant operations across Europe, the Middle East, and Africa. Lukoil's core business areas encompass exploration, production, refining, and distribution of oil and gas, alongside petrochemical manufacturing. The company is renowned for its commitment to innovation and sustainability, offering high-quality fuels and lubricants that meet stringent environmental standards. With a strong market position, Lukoil has achieved notable milestones, including extensive investments in technology and infrastructure, solidifying its reputation as a leader in the energy industry.
DitchCarbon Score
How does Lukoil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Petroleum Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lukoil's score of 22 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lukoil's reported carbon emissions
In 2023, Lukoil reported total carbon emissions of approximately 41,818,000,000 kg CO2e, comprising about 36,898,000,000 kg CO2e from Scope 1 emissions and about 4,921,000,000 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to 2022, where total emissions were about 46,887,000,000 kg CO2e, with Scope 1 at approximately 41,202,000,000 kg CO2e and Scope 2 at about 5,685,000,000 kg CO2e. In 2021, Lukoil's emissions were approximately 41,491,000,000 kg CO2e, with Scope 1 emissions at about 36,388,000,000 kg CO2e and Scope 2 at about 5,103,000,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formal commitments to reduce emissions at this time. Lukoil's emissions data highlights the significant carbon footprint associated with its operations, particularly in the oil and gas sector, where Scope 1 emissions are primarily from direct operations, and Scope 2 emissions arise from energy consumption. The absence of Scope 3 emissions data suggests that Lukoil may not be fully accounting for the emissions in its value chain, which is a critical aspect of comprehensive climate reporting.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 7,800,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 109,600,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lukoil is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
